Aviva's general insurance COR soars to 106.3%
Aviva has reported a significant increase in its UK general insurance combined operating ratio to 106.3% in 2016.
The rise, from 94.9% in 2015, was due to the lowering of the discount rate to minus 0.75% which incurred a £380m one off charge to the business.
Profit after tax fell by 22% from £1.09bn in 2015 to
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